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Energy

Aminex looking at drilling opportunities around Songo Songo Island

The growing Tanzania-focussed gas business updated on three projects which are at various stages of completion

Aminex plc (LON:AEX) told investors it is re-evaluating its interests around Songo Songo Island, in Tanzania, to identify new drill targets.

Any gas finds in the area could feed the gas plant on the island, the company noted.

The growing Tanzania-focussed gas firm also detailed its progress, highlighting the receipt of a further payment for gas produced at the single-well Kiliwani North field, where production has been averaging 15mln cubic feet of gas per day through 2017 to date.

Aminex said it continues to work with the state’s Tanzania Petroleum Development Corporation (TPDC) to bring arrears fully up to date.

In the Ruvuma area, meanwhile, the company said it is fully engaged with an updated basin model including a preliminary re-mapping of multiple stratigraphic fairways and updated resource numbers.

At the same time, recently appointed consultant Io oil & gas is working on a gas field development plan for the Ntorya field, located in Ruvuma, and this is expected to be ready in September.

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